Gold prices rose on Monday, managing to register its second consecutive daily rise, amid a fluctuating performance by the U.S. Dollar (USD) that also remained mostly in the positive territory, with disappointing economic data giving support to the demand for safe havens. Gold futures for December delivery added $11.70, or …
Read More »Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Market Analysis
August, 2021
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16 August 2021 9:31 pm
European Stocks Closes Lower to ends Record-Breaking Rally
European stocks finished lower on Monday, opening the week with a negative performance that ends a 10-session record-breaking tally, the longest in about 14 years. Weaker than expected economic indicators in China are weighing on investors’ sentiment and risk appetite, with continuous concerns over the resurgence of the coronavirus with …
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16 August 2021 7:38 pm
Canadian Wholesale Sales below Expectations in June
Canadian wholesale sales declined by 0.8% on an annual basis in June to CAD 71.5 billion, but 2.1% for the month, below market expectations of a 2.5% increase, according to data by Statistics Canada on Monday. The wholesale sales of building materials and supplies dropped by 5.4%, while sales of …
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16 August 2021 5:27 pm
Manufacturing Sales Increase by 2.1% in June
Manufacturing Sales rose by 2.1% on a monthly basis in June to C$59.2 billion, the data published by Statistics Canada reported on Monday. This reading followed June’s contraction of 0.3% and missed the market expectation for an increase of 2.5%.
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16 August 2021 4:47 pm
Gold Falls From a Week’s Peak as The Dollar Rises
Gold prices retreated from their highest level in a week on Monday, August 16 with the dollar’s rise, but easing concerns about the US Federal Reserve’s early cut in stimulus policies, and fears of an outbreak of the Delta strain contributed to the price of the yellow metal remaining near …
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16 August 2021 4:45 pm
NY Empire State Manufacturing Index slumps to 18.3 in August
The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell sharply to 18.3 in August from 43 in July. This reading missed the market expectation of 29 by a wide margin.
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16 August 2021 4:44 pm
The US Dollar is Falling Due to Weak Consumer Sentiment
The US dollar settled near a one-week low against the other major currencies on Monday, August 16th, while declining US consumer sentiment hurt bets on an early Federal Reserve monetary policy tightening, while the yuan and Australian dollar fell after disappointing Chinese economic data. There was little change in the …
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16 August 2021 2:53 pm
CDC: U.S. Administers 356.4 Million Doses of COVID-19 Vaccines
The US Centers for Disease Control and Prevention (CDC) said that the United States had given more than 356 million doses of Corona vaccines in the country as of Sunday morning, August 15, and distributed more than 415 million doses. The CDC said about 198 million people had received at …
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16 August 2021 2:29 pm
Weak Chinese data Halt Gains in European Shares
European stocks’ 10-day gains were halted Monday, August 16th, following an unexpected slowdown in China’s economic indicators, with commodity-related stocks posting the biggest loss. The STOXX 600 index of the most important European shares fell 0.5% in early trading, retreating from record levels last week. Oil and mining shares fell …
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16 August 2021 1:36 pm
China’s Retail Sales Growth Slows More Than Expected in July to 8.5%
Chinese retail sales rose 8.5% in July, less than expected at 11.5%, according to analysts polled by Reuters. Chinese retail sales rose 12.5% in June. Auto-related sales, the largest component of retail sales by value, were the only category to decline in July, declining 1.8% year-on-year. Industrial production grew by …
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16 August 2021 12:41 pm
Oil Falls on Expectations of Lower Demand From China
Oil prices fell more than 1% on Monday, August 16, falling for a third session, after official data showed a slowdown in refining productivity and economic activity in China, in a sign that the new outbreak of Covid-19 is denting the world’s second-largest economy. Brent crude fell 90 cents, or …
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15 August 2021 11:51 pm
Weekly Recap: 9 – 13 August
Markets are showing increased activity in M&A deals, as recent data suggested that the total value of global merger and acquisition (M&A) deals so far this year has already exceeded that of last year, amounting to $3.6 trillion year-to-date. A large chunk of this volume took place in the United …
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14 August 2021 6:33 am
Wall Street End the Week Mixed
The main indices on Wall Street showed a mixed performance this week, with investors focusing on earnings reports and economic indicators, and rising Treasury yields weighing on tech stocks. The Dow Jones Industrial Average rose modestly by 15.53 points to hit a new record high closing level at 35,515.38 points, …
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